Page 1 - AsianOil Week 17 2021
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Issue 767 29•April•2021 Week 17
Pipeline polemic
Indonesia’s energy ministry and downstream regulator have locked horns
over the development of the Cirebon-Semarang (Cisem) gas pipeline.
Deepwater start-up
Italian major Eni has started producing gas from its deepwater Merakes
project in the East Sepinggan block offshore Indonesia.
Onshore production expansion
Texcal Mahato has successfully brought on stream a new oil producing well
at the Mahato PSC onshore Indonesia.
Back in black
Sinopec has posted a first-quarter net profit of $2.77bn, a significant
turnaround from the $3.07bn loss it recorded in same period of 2020.